Links to media coverage of NCRC.
To request an interview with NCRC experts, send a note to: media@ncrc.org.
John Taylor, the CEO of the National Community Reinvestment Coalition, credited Sloan with launching a stakeholder advisory council last year but conceded he’s worried about “another shoe to drop” at Wells Fargo and can’t say for sure if Sloan is the right person for the job.
CNNMoney: The two-year Wells Fargo horror story just won’t end Read More »
Homeownership is the foundation of wealth building in America. Without it, the racial wealth gap is growing” says Jesse Van Tol, CEO of the National Community Reinvestment Coalition
A study released earlier this year by the National Community Reinvestment Coalition showed 75 percent of “redlined” neighborhoods continue to struggle and still are much more likely to include lower-income, minority residents.
The Gazette: In Iowa: A violent past shapes our future, if we let it Read More »
“This is a case where making a better mousetrap doesn’t get around the fact that it’s a mousetrap,” says Jesse Van Tol, CEO for the National Community Reinvestment Coalition.
CityLab: It’s time to rewrite fair lending rules. (Just not like this.) Read More »
Comptroller of the Currency Joseph Otting “has said he wants to improve CRA, and if he does so in ways that increase lending and investments to low- and moderate-income communities, we will be the first to applaud it,” Jesse Van Tol, chief executive of the National Community Reinvestment Coalition, said in a statement.
American Banker: Cheat sheet: 5 pressure points in CRA reform debate Read More »
“To be sure, the Community Reinvestment Act, like most regulations, can be improved. We’re eager to work with the regulatory agencies, Congress, banks and the entire financial sector to modernize it,” writes Jesse Van Tol, chief executive at the National Community Reinvestment Coalition.
The New York Times: A green light for banks to start ‘redlining’ again Read More »
“We are already seeing an unusual level of discord among the regulators,” said Jesse Van Tol, chief executive of the National Community Reinvestment Coalition, a fair-lending advocacy group. “I think there is a significant risk that the whole effort will backfire, unless a more careful and consensus-driven approach is taken.”
The Wall Street Journal: Trump team’s rewrite of low-income lending rules falters Read More »
“We’re all for ideas to remove obstacles to inclusive communities, including regulatory burdens that stand in the way of desegregation,” said Jesse Van Tol, CEO for the National Community Reinvestment Coalition, in a statement. “But we’re concerned that HUD is taking action to remove regulations, while not meaningfully addressing America’s deep problems of segregation and inequality.”
CityLab: Ben Carson’s new push against fair-housing rules has a NIMBY twist Read More »
Since the financial crisis, 86 more banking deserts have emerged in rural areas, according to a recent report published by the National Community Reinvestment Coalition, which advocates for increasing access to financial services.
“It appears, at least in terms of accountability, that they’ve softened the touch — and we’re concerned about that,” said Jesse Van Tol, chief executive at the National Community Reinvestment Coalition.
American Banker: Less is more for OCC’s fintech financial inclusion plans Read More »
As a result, they went underground. Instead of advocating directly, they started to use community institutions “as the point of the spear on their lobbying efforts,” said Jesse Van Tol, chief executive of the National Community Reinvestment Coalition, essentially using small-bank legislation as a vehicle for large-bank provisions.
American Banker: The crisis isn’t over Read More »
“Justice Kennedy, a conservative, wrote in 2015 that ’restrictions that unfairly exclude minorities’ are unlawful,” said Jesse Van Tol, the CEO of the National Community Reinvestment Coalition.“This is a simple standard of fairness.”
American Banker: Supreme Court shuffle: 5 possible reverberations for banks Read More »
Kennedy was the swing vote on a case that affirmed the Fair Housing Act protects against discrimination even if it isn’t explicit.
African American workers are disappearing at major U.S. banks, all while men who run the biggest firms preach the value of diversity.
Forbes: Citi & JPMorgan struggle to hire black talent Read More »
New Legislation Would Restore Revoked Protections and Rules
BlackPressUSA: OP-ED: Rep. Maxine Waters takes strong stand for fair housing at HUD Read More »
